Tag: #AIIB
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AIIB lauds DOF's climate finance proposal
Beijing-led Asian Infrastructure Development Bank (AIIB) commended the proposal of the Department of Finance (DOF) for multilateral development banks (MDBs) to work together in incentivizing private capital flows for climate projects of developing countries.
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Clean energy shift needs multilateral agencies
Finance Secretary Carlos G. Dominguez III said the support extended by multilateral institutions to the clean energy transition projects of developing economies is crucial to encourage the flow of private sector capital into these initiatives.
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AIIB eyes $50 billion for climate finance
The Asian Infrastructure Investment Bank (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments.
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Regular booster shot budget likely—Dominguez
President Duterte’s chief economic manager suggested that the next administration should continue in subsidizing people’s subsequent booster doses of the coronavirus vaccine to ensure the country’s economic recovery.
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WB, ADB, AIIB ‘close coordination’ praised
The trilateral cooperation in support of the Philippines’ COVID-19 vaccination program is a testament of the closer coordination among the World Bank, Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB).
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China’s AIIB asked to fund Pangasinan-Nueva Ecija expressway
China’s Asian Infrastructure Investment Bank (AIIB) has been asked to help in the funding requirement for the proposed 180-kilometer Pangasinan-Nueva Ecija expressway. which the National Economic and Development Authority (NEDA) submitted to the bank for possible funding.